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<br />.'_. .. <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Lake Canal Company <br /> <br />County: Larimer and Weld <br /> <br />Project Name: Pressurized water system <br /> <br />Project Type: New construction <br /> <br />Drainage Basin: South Platte <br /> <br />Water Source: Cache La Poudre River <br /> <br />Total Project Cost: (To be determined) <br /> <br />Funding Sources: Company and CWCS <br /> <br />Type of Borrower: Agricultural <br /> <br />Interest Rate: (To be determined) <br /> <br />CWCB Loan: (To be determined) <br /> <br />Term: 30 years <br /> <br />CWCB Grant: $5,000 <br /> <br />Average Annual Volume of Water diverted: 12,000 AF <br /> <br />The Lake Canal is located in Weld and Larimer Counties, northwest of Windsor, and diverts water <br />from the Cache La Poudre River. The Lake Canal Company operates the canal to supply water to 50 <br />shareholders for irrigation within its 6,800-acre service area. The Company wants to develop a <br />pressurized raw water system for residential users within its service area. The average annual <br />volume of water diverted is 12,000 acre-feet. The Lake Canal Company is a mutual ditch company <br />(Water Company) registered in the State of Colorado. Stephen Smith P.E., Aqua Engineering Inc., <br />will complete the feasibility study. Proposed funding for the project consists of a CWCB loan (amount <br />to be determined), a CWCB Feasibility Study Grant in amount of $5,000, and the remainder from the <br />Company. <br /> <br />Location Map <br />